List 8 business functions that are used in the boat making game
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List 8 business functions that are used in the boat making game
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- What is CAPACITY REQUIREMENTS FORECASTING?Please do not give solution in image format thanku Bob's candle factory is considering three different manufacturing options. Option A uses hand labor with fixed costs of $10,000 and variable costs of $2.75/candle. Option B uses a combination of hand and automation with fixed costs of $15,000 and variable costs of $1.10/candle. Option C is highly automated with fixed costs of $20,000 and variable costs of $0.75/candle. a. If demand for Bob's candles is 2500, which option should he pick, and what is the cost? b. If demand for Bob's candles is 4500 which option should he pick, and what is the cost?Problem 2. An electric switch manufacturing company has to choose one of three different assembly methods. Method A will have first cost of $ 40,000, an annual operating cost of $9,000 and a service life of 2 years. Method B will cost $80,000 to buy and will have an annual operating cost of $6,000 over its 4 year service life. Method C will cost $130,000 initially with an annual operating cost of $4,000 over its 8-year life. Methods A and B will have no salvage value, but method C will have some equipment worth an estimated $12,000. Which method should be selected? Use present worth analysis at an interest rate of 10% per year.
- Mark Hopper owns Dane Champions, a dog kennel that raises champion Great Danes for showing and breeding. His vision is to be the best-known breeder of Great Danes globally. His strategy is to breed and sell dogs from outstanding lineage from the standpoint of both physical health and good-natured temperaments. Following is information about operations over the last year. Number of breedings Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦.. 10 Number of puppies Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦.. 45 Number of puppies sold…Betty's Bakery has the following standard cost sheet for one unit of its most popular cake: Direct materials Direct labor SP SQ 1.2 pounds 0.8 hours $ 12.00 per hour $ 1.50 per pound During the month of May, the company made 640 cakes and incurred the following actual costs: Direct materials purchased and used (940 pounds), $1,222 Direct labor (700 hours), $8,050 Required: 1. Calculate the direct materials price variance. 2. Calculate the direct materials quantity variance. 3. Calculate the direct materials spending variance. 4. Calculate the direct labor rate variance. 5. Calculate the direct labor efficiency variance. 6. Calculate the direct labor spending variance. Note: For all requirements, Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to two decimal places. 1. Direct materials price variance 2. Direct materials quantity variance 3. Total direct…Aggregate Model Example for a business in the food production industry
- Q46 Mixing Company manufactured 2,500 units of its only product during 2022. The inputs for this production are as follows: 550 pounds of Material A at a cost of $2.50 per pound 400 pounds of Material H at a cost of $3.75 per pound 700 direct labor hours at $60 per hour The firm manufactured 3,920 units of the same product in 2021 with the following inputs: 700 pounds of Material A at a cost of $2.20 per pound 560 pounds of Material H at a cost of $3.50 per pound 600 direct labor hours at $58 per hour The partial operational productivity of Material A in 2021 is: Multiple Choice 5.60 units per pound. 0.44 units per pound. 4.67 units per pound. 5.18 units per pound. 0.51 units per pound.What are the primary considerations in designing work systems for the logistics and supply chain industry, particularly in warehousing and distribution?.